If they raise the top marginal rate to 37.9%,

re: If they raise the top marginal rate to 37.9%, (Posted on 12/7/12 at 11:52 pm to SoulGlo)

quote:If they raise the top marginal rate to 37.9%,

They should just go ahead and bump it up to 50% so they can feel all warm and fuzzy about how they "stuck it to the rich"... right up to the point where the economy crashes like a heroin addict on a deserted island.

re: If they raise the top marginal rate to 37.9%, (Posted on 12/8/12 at 8:31 am to SoulGlo)

Since the dems are screaming that the middle class needs the tax cut. Give that to them.

I mean actually CUT the middle class rates, not leave it status quo. Nancy P. and company are getting away with calling the status quo a cut. Call em on it. Do a real cut and watch them oppose a middle class tax cut and put their opposition on display for America.

re: If they raise the top marginal rate to 37.9%, (Posted on 12/8/12 at 9:19 am to TrueTiger)

quote:Since the dems are screaming that the middle class needs the tax cut. Give that to them.

I mean actually CUT the middle class rates, not leave it status quo. Nancy P. and company are getting away with calling the status quo a cut. Call em on it. Do a real cut and watch them oppose a middle class tax cut and put their opposition on display for America.

re: If they raise the top marginal rate to 37.9%, (Posted on 12/9/12 at 7:40 am to SoulGlo)

This may be a simplistic view, but, will raising the tax rate on high income earners do any good. Aren't people in the upper tax bracket already exploiting every loophole and tax shelter possible? If their rate is increased, will they not hire another accountant and lawyer and find more expenses to apply or off shore accounts to funnel money and keep there rate what it is now.

If mitt romneys rate goes from 35 to 39 will he not continue paying 15% (or whatever the numbers are)?

re: If they raise the top marginal rate to 37.9%, (Posted on 12/9/12 at 8:18 am to JEAUXBLEAUX)

quote:Make all income over $250,000 subject to this tax

Screw you. While I don't make this much or close to it yet, it is still an attainable number and a goal for me to make one day. If you want to take half if my money for achieving this then screw it why even try. This is why production goes down as tax rates are increased.